Hi currency traders, I recently had a telephone conversation with Richard Olson, founder of the forex platform OANDA, because I was interested in his trading method based on so called scaling laws (see olsen.ch) This call ended in encouraging me (an IB customer) to use his OANDA paltform. He claims to have the best bid/ask spreads on all currency pairs (2 pips), and reliable historical tick data (olsendata.com). Also, he offers automatic trading by providing an API. Drawback here: you pay $600 just for the API per month unless you trade $12M per month. Has anyone experience with OANDA, especially with the API? I would be interested to know how execution speed, fees, slippage and API quality and support compare to IB. Thanks.